© 2024 Kansas Public Radio

91.5 FM | KANU | Lawrence, Topeka, Kansas City
96.1 FM | K241AR | Lawrence (KPR2)
89.7 FM | KANH | Emporia
99.5 FM | K258BT | Manhattan
97.9 FM | K250AY | Manhattan (KPR2)
91.3 FM | KANV | Junction City, Olsburg
89.9 FM | K210CR | Atchison
90.3 FM | KANQ | Chanute

See the Coverage Map for more details

FCC On-line Public Inspection Files Sites:
KANU, KANH, KANV, KANQ

Questions about KPR's Public Inspection Files?
Contact General Manager Feloniz Lovato-Winston at fwinston@ku.edu
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Kansas Insists Pension Fund Still Stable Despite Concerns

TOPEKA, Kan. (AP) — State officials in Kansas are insisting that eliminated and delayed payments to a pension fund for teachers and other government workers won't affect retirees.  The Lawrence Journal-World reports that officials with the Kansas Public Employees Retirement System assured retirees' financial safety to a legislative oversight committee on Monday. The message is part of the retirement system's annual report to the Legislature about the actuarial value of the pension fund and the estimated difference between its current assets and long-term obligations.  KPERS is a pension system that manages retirement accounts of more than 300,000 members, including state employees. The state eliminated a nearly $100 million payment to the pension fund last year. Lawmakers also delayed a $64 million payment this year.  State Senator Laura Kelly noted that KPERS is now nearly 67 percent funded.  However, the fund's unfunded liability has grown to $9.06 billion.

Read more about this story.

 

The AP is one of the largest and most trusted sources of independent newsgathering, supplying a steady stream of news to its members, international subscribers and commercial customers. AP is neither privately owned nor government-funded; instead, as a not-for-profit news cooperative owned by its American newspaper and broadcast members, it can maintain its single-minded focus on newsgathering and its commitment to the highest standards of objective, accurate journalism.